Banking industry
A record number of pre-placement offers (PPOs) have been made to IIT students for the class of 2022, with a significant surge in demand for engineering talent amid the pandemic-led digital transformation. IITs in Chennai, Kanpur, Roorkee, Guwahati, Mandi, and Jodhpur have seen a 22-55% year-on-year increase in offers, with
Banking industry
As the UN climate change conference in Glasgow came to a close, indigenous community rights activists gathered outside the offices of JPMorgan Chase in Glasgow, demanding an end to financing oil and gas projects in sensitive ecosystems. The protests were significant for Uganda, where local and international banks have faced
Banking industry
SberSpasibo, Russia's biggest loyalty program, marked its 10th anniversary with the release of key statistics and a new project using consumer data. With over 55 million participants, the program offers four levels of privileges and allows users to spend reward points with online and offline partners. The top
Banking industry
The Russian stock market experienced a significant sell-off on Tuesday evening, triggered by the release of US industrial inflation data and oil prices grinding to a halt. Despite the figures matching expectations, the markets corrected, leading to a decline in the MOEX Russia index below 4190. However, steelmakers, led by
Banking industry
Barclays CEO Jes Staley's abrupt departure is a consequence of an investigation into his relationship with convicted paedophile Jeffrey Epstein. Staley, who had been leading the bank since 2015, was only recently fined nearly £650,000 and censured for repeatedly trying to unmask a whistleblower against the advice
Banking industry
As the chief executive officer (CEO) of Barclays, a leading global bank, Jes Staley has resigned following preliminary findings of an investigation into his interactions with convicted sex offender Jeffrey Epstein. The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) had been investigating whether Staley played down his
Banking industry
Russia's largest tech companies, including Sber, Yandex, MTS, VK, Gazprom Neft, and the Russian Direct Investment Fund (RDIF), have adopted an AI code of ethics, drafted by the Artificial Intelligence Alliance. The document aims to establish a human-centric and humanistic approach to AI development, emphasizing principles such as
Banking industry
Sberbank's Pulse platform has earned the Best Tech Solution in HR award at the prestigious Best For Life Design Award 2021. This recognition is a testament to the platform's innovative approach to HR services, transforming the way employees interact with company systems. With over 210,000
Banking industry
The Linux Foundation, a nonprofit organization promoting open-source innovation, has raised $10 million in new investments to support the Open Source Security Foundation (OpenSSF), a cross-industry collaboration to identify and fix cybersecurity vulnerabilities in open source software. The OpenSSF will focus on developing improved tooling, training, research, best practices, and
Banking industry
The Linux Foundation, a nonprofit organization dedicated to empowering open source innovation, has announced a significant investment of $10 million to support the Open Source Security Foundation (OpenSSF). This cross-industry collaboration aims to strengthen the security of open source software, develop improved tooling, and promote best practices for vulnerability disclosure.
Banking industry
The global consumer credit market has been experiencing moderate growth since 2015, with a projected compound annual growth rate (CAGR) of 5% from 2021 to 2026. Despite the uncertainties caused by the COVID-19 pandemic, the market is expected to continue its upward trend, driven by significant growth in the banking,
Banking industry
The 2021 Global Inclusive Growth Summit will take place on October 14 as a free online event, bringing together over 30 global leaders from various sectors to catalyze new partnerships and solutions for inclusive and sustainable economies. The summit, presented by the Mastercard Center for Inclusive Growth and the Aspen
